Reports > Life Sciences > Patient Handling Equipment Market Report
Patient Handling Equipment Market Size, Share, Industry Trends and Forecast to 2033
This report provides comprehensive insights into the global Patient Handling Equipment market, including its size, growth trends, segmentation, regional analysis, and forecasts from 2023 to 2033.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $15.50 Billion |
| CAGR (2023-2033) | 6.8% |
| 2033 Market Size | $30.46 Billion |
| Top Companies | Arjo, Stryker Corporation, Invacare Corporation |
| Last Modified Date | 15 Nov 2024 |
Patient Handling Equipment Market Report (2023 - 2033)
Patient Handling Equipment Market Overview
What is the Market Size & CAGR of Patient Handling Equipment market in 2023 and 2033?
Patient Handling Equipment Industry Analysis
Patient Handling Equipment Market Segmentation and Scope
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Patient Handling Equipment Market Analysis Report by Region
Europe Patient Handling Equipment Market Report:
In Europe, the Patient Handling Equipment market is projected to grow from $3.99 billion in 2023 to $7.84 billion by 2033. The market is driven by stringent healthcare regulations and rising public awareness regarding patient handling safety.Asia Pacific Patient Handling Equipment Market Report:
In the Asia Pacific region, the market for Patient Handling Equipment was valued at approximately $2.95 billion in 2023 and is expected to reach $5.80 billion by 2033. The growth is fueled by an increasing elderly population and rising healthcare investments in countries like China and India.North America Patient Handling Equipment Market Report:
The North American market is the largest, with a value of $5.35 billion in 2023 anticipated to rise to $10.52 billion by 2033. Factors contributing to this growth include high healthcare expenditure, technological advancements, and an increasing focus on patient safety.South America Patient Handling Equipment Market Report:
The South American market for Patient Handling Equipment is currently valued at $1.11 billion in 2023 and projected to grow to $2.18 billion by 2033 as healthcare systems continue to expand and modernize.Middle East & Africa Patient Handling Equipment Market Report:
The Middle East and Africa's market is valued at $2.10 billion in 2023, with growth expected to reach $4.12 billion by 2033. Expandable healthcare infrastructure and an increasing number of hospitals are key drivers for this region.Request a custom research report for industry.
Patient Handling Equipment Market Analysis By Product
Global Patient Handling Equipment Market, By Product Market Analysis (2023 - 2033)
The Patient Handling Equipment market experiences diverse growth across product categories. High demand is seen in lifting devices with a market size of $10.11 billion in 2023 set to grow to $19.87 billion by 2033, which aligns with the industry's predominant focus on safe patient transfers.
Patient Handling Equipment Market Analysis By Application
Global Patient Handling Equipment Market, By Application Market Analysis (2023 - 2033)
In terms of application, the market is dominated by the medical facilities segment which accounted for $12.81 billion in 2023 and is expected to reach $25.17 billion by 2033, highlighting the critical importance of efficient patient handling within healthcare settings.
Patient Handling Equipment Market Analysis By End User
Global Patient Handling Equipment Market, By End-User Market Analysis (2023 - 2033)
The end-user analysis indicates that hospitals are the main users of Patient Handling Equipment, representing 82.62% of the market, emphasizing the need for safe patient handling solutions in acute care settings.
Patient Handling Equipment Market Analysis By Function
Global Patient Handling Equipment Market, By Function Market Analysis (2023 - 2033)
Transportation function devices account for a substantial portion of the market, valued at $4.38 billion in 2023 and expected to rise to $8.62 billion by 2033, illustrating the essential role these products play in effective patient management.
Patient Handling Equipment Market Analysis By Usage
Global Patient Handling Equipment Market, By Usage Market Analysis (2023 - 2033)
Inpatient usage dominates the market, currently valued at $10.11 billion in 2023, anticipated to escalate to $19.87 billion by 2033, showing the enduring reliance on such equipment in care facilities.
Patient Handling Equipment Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Patient Handling Equipment Industry
Arjo:
Arjo is a global leader in the development of innovative medical devices and solutions for mobility and patient handling, enhancing the care offered to patients in today's healthcare environments.Stryker Corporation:
Stryker Corporation specializes in a broad range of healthcare solutions and is highly regarded for its medical equipment aimed at improving clinical and operational performance, particularly in patient handling.Invacare Corporation:
Invacare is known for its extensive portfolio of home and long-term care products, including patient handling equipment designed to enhance the safety and comfort of users.We're grateful to work with incredible clients.
